Kingston Wharves is reporting net profits of $1.7 billion or $1.16 per share on revenues of $6 billion during the six-month period ending June 30.
This represents an increase of 21% in net profits and 17% in revenues recorded for the similar period last year.
The company is also reporting that its Terminal Operations Division generated revenues of $4.6 billion during the period under review, an increase of $1 billion compared with last year.
The divisional operating profits rose by 46% and the company says the results were driven by strong growth in the number of motor units handled, increased container activities, as well as higher volumes in bulk and break bulk operations.
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